CCR1996175COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #175-96
0
BIG MUSKEG0 LAKE PROTECTION AND REHABILITATION DISTRICT
RESOLUTION OF INTENT TO LEND MONIES TO THE
IN AN AMOUNT NOT TO EXCEED $53,500
WHEREAS, the Big Muskego Lake Protection and Rehabilitation
District wishes to do a dredging project on the canal leading to
Wind Lake from Big Muskego Lake; and
WHEREAS, the Big Muskego Lake Protection and Rehabilitation
District has applied for grant funds from the Wisconsin
Waterways Commissions; and
WHEREAS, the DNR is expected to fund the applicant's (BML District) share of the project cost on a reimbursable basis; and
WHEREAS, the Big Muskego Lake Protection and Rehabilitation
District has requested that the City provide a temporary loan to
the lake district until the reimbursable portion of the grant is
received; and
WHEREAS, the Finance Committee has reviewed the request and
recommended approval subject to the loan being temporary, on an
as-needed basis, in an amount not to exceed $53,500, with the
lake district fund balance being used first.
NOW, THEREFORE, BE IT RESOLVED that the City of Muskego shall
temporarily loan the Big Muskego Lake Protection and
Rehabilitation District monies, on an as-needed basis, an amount
not to exceed $53,500 with the lake district fund balance being
used first for the project.
DATED THIS 13TH DAY OF AUGUST , 1996.
SPONSORED BY:
FINANCE COMMITTEE
Ald. Domonic D'Acquisto
Ald. David J. Sanders
Ald. Mark Suhr
This is to certify that this is a true and accurate copy of
Resolution #175-96 which was adopted by the Common Council of
the City of Muskego.
le 8/96 jmb